CIL cancels maiden tender

20 Jul 2022 CW Team

The state-owned CIL has cancelled its first tender for short-term coal imports, in which Adani Enterprises was the lowest bidder. Adani Enterprises, which had previously quoted around Rs 17,000 per tonne for importing 2.416 MT of coal, had been chosen for the short-term shipment.

PT Bara Daya Energy, on the other hand, quoted Rs 2,000 per tonne less than Adani group firm for a medium-term tender to source an additional 6 million tonnes (MT) of coal from overseas.

As a result, Coal India's board of directors decided on July 8 to cancel the short-term tender of 2.416 million tonnes, and PT Bara Daya Energy was asked to supply the indented quantity against the medium-term tender.

On June 9, CIL issued its first tender to import 2.416 million tonnes of coal to ensure adequate fuel supply to the country's power plants.

The move was part of the government's effort to stockpile coal in order to avoid the recurrence of power outages caused by a shortage of the fossil fuel in April. During the peak summer months of April and May, coal shortages at various gencos impacted the country's electricity supply.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..